Reimann (entrepreneurial family)

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The Reimann entrepreneurial family from the Mannheim and Heidelberg area is one of the wealthiest families in Germany with a fortune that originated in the Benckiser chemical company . The family's wealth is estimated to vary from 11 billion euros to 33 billion euros.

JAB shareholders are Renate Reimann-Haas (* 1951), Wolfgang Reimann (* 1952) and their cousins ​​Matthias Reimann-Andersen (* 1965) and Stefan Reimann-Andersen (* 1963). The Reimann-Dubbers family branch with four siblings separated from its shares in Reckitt-Benckiser in the 1990s and operates independently today.

history

Benckiser

In 1823 Adam Benckiser acquired a salmiak hut in Pforzheim . The rise of the family began when the chemist Karl Ludwig Reimann founded a chemical factory together with Johann Adam Benckiser in Ludwigshafen in 1851 . The products were tartaric acid and citric acid and phosphates . The chemist Albert Reimann sen. (* August 21, 1868, † July 27, 1954), grandson of Ludwig Reimann, drove the business forward over the years.

The Reimann family lines consist of nine siblings, whose father Albert Reimann jun. (1898–1984) which belonged to Joh. A. Benckiser in Ludwigshafen. Albert Reimann adopted four children from his sister Else Dubbers and two children from a nephew. His three biological children from the long - term extramarital relationship with Emilie Landecker were later adopted. His marriage was childless. Each of the children was granted the same share of inheritance in the Joh. A. Benckiser company in 1984. The four children of the Reimann-Dubbers line, whom Albert Reimann had adopted from his sister, had their shares paid out in 1997 in order to go their own way.

The four siblings Renate Reimann, Wolfgang Reimann, Matthias Reimann and Stefan Reimann remained involved in the company Joh. A. Benckiser - JAB Holding has been based in Luxembourg since 2012 . Today their company share is 90 percent. About 10 percent of the shares in JAB are majority owned by the three JAB senior partners Bart Becht, Peter Harf and Olivier Goudet - each with equal shares. You run the JAB and make all investment decisions by mutual agreement.

The company founders later came into contact with the English company Reckitt & Sons and merged in 1999. In spring 2018, the family still held just under six percent of the newly formed detergent and cleaning agent company Reckitt Benckiser . By the end of the year, the share had dropped to 0.7%.

Well-known inventions in the 1950s helped the company to rise, including Albert Reimann jun. the water softener Calgon, in the 1960s the washing-up liquid Calgonit , and the denture care product Kukident. From 1996 to 2013, the Reimann family was the sole owner of the now listed perfume manufacturer Coty , a global cosmetics group with around 12,000 employees. Even after the IPO, the family holds 38.1 percent of the shares. The Reimanns acquired parts of the hair care specialist Wella in competition with the Düsseldorf competitor Henkel for 13 billion euros. In May 2012, the takeover of the cosmetics manufacturer Avon failed .

Entry into the coffee industry

The Reimann family has been involved in the coffee business through Benckiser since 2012 and took over the American coffee roasting companies and coffee house chains Peet's Coffee & Tea for 825 million euros and Caribou Coffee for 260 million euros. In April 2013 it was announced that Reimann was taking over DE Master Blenders 1753 (formerly Douwe Egberts), the Dutch market leader for coffee and tea products , which also produces Senseo coffee pods, for 7.5 billion euros .

In 2014 DE Master Blenders 1753 and Mondelēz International announced that they wanted to merge their coffee brands into a pure coffee company. The resulting joint venture , in which Mondelēz International will hold 49 percent, will be called Jacobs Douwe Egberts , be based in the Netherlands and run by the previous boss of DE Master Blenders in 1753. Jacobs Douwe Egberts has annual sales of around 7 billion US dollars and a world market share of 8 percent. In December 2015, together with other investors, the planned takeover of the US coffee capsule company and McDonald's supplier Keurig Green Mountain for $ 13.9 billion was announced in 2016 . Following approval from the regulatory authorities and shareholders, the closing of the transaction was announced in March 2016. JAB Holding has been the largest coffee company in the world since 2015.

Other recent investments

JAB Holding made further acquisitions in the fast food business (US donut chain Krispy Kreme ) and in luxury leather goods ( Jimmy Choo and others). In July 2017 JAB sold the shoe brand Jimmy Choo to Michael Kors and at the end of 2017 the fashion brand Belstaff to Ineos. Since February 2018, JAB Holding has only held a minority stake in Bally. In February 2018, JAB Holding acquired the US soft drinks company Dr Pepper Snapple Group - manufacturers of well-known brands such as Dr Pepper , 7 Up , Schweppes , A&W Root Beer , Sunkist , Crush , Canada Dry , Evian , etc. - for 19 billion US dollars - and merged them him with Keurig Green Mountain. In May 2018, it acquired the British sandwich chain Pret a Manger with 530 branches worldwide. In the first half of 2019, the holding took a majority stake in the US veterinary clinic operator Compassion First with 41 veterinary clinics in 13 US states. In November 2019, Coty acquired a 51% stake in Kylie Jenner's cosmetics brand Kylie Cosmetics for $ 600 million .

coping with the past

The current generation of the Reimann family had the history of the family and company in the Third Reich examined by economic historian Paul Erker from the University of Munich ; Christopher Kopper , economic historian from Bielefeld University later confirmed the family's entanglement with the National Socialist regime: Albert Reimann and his son of the same name - the two Benckiser managing directors of the first and second half of the 20th century - were open supporters of Adolf Hitler , their company was considered even before the seizure of power as a NS model company . In factories and in the private villa of the Reimanns in Ludwigshafen, there was violence and abuse of forced laborers . Albert Reimann Jr. presented himself as a victim of the Nazis after the Second World War. The uninterrupted growth of the group is to a large extent due to the high proportion of slave labor . The hesitant processing of this history brought the Reimann grandchildren and the group massive criticism. Among other things, the Boston Globe headlined : “I found out that Nazi capital was behind my favorite coffee. Should I keep drinking it? "

Reimann-Dubbers family branch

The Reimann-Dubbers family branch, which operates independently, includes the Reimann Investors family office, Reimann Investors Vermögensbetreuung and their Sofort Bank brand (online payment system) established in 2010 via today's Deutsche Handelsbank AG . In November 2014, “Sofort Bank” changed its brand to “Deutsche Handelsbank”.

capital

In 2012, the family ranked fourth in a list of the 500 richest Germans with an estimated fortune of eleven billion euros ; with estimates from 2004 still being around four billion euros. In 2018, according to the same source, the family took second place in Germany with 33 billion. According to another source, the assets were at 18 billion euros in early 2018. In 2019, the family landed in first place with 35 billion euros.

Social Commitment

  • Renate Reimann-Haas, Matthias Reimann-Andersen, Stefan Reimann-Andersen and Wolfgang Reimann were members of the Board of Trustees of the non-profit Benckiser Foundation Future, which was transferred to the Alfred Landecker Foundation in 2019 .
  • In 1997, Volker Reimann-Dubbers founded the non-profit VRD Foundation for Renewable Energies . This is committed to the promotion and dissemination of renewable energies at home and abroad.
  • Günter Reimann-Dubbers founded the Günter Reimann-Dubbers Foundation in 2002 . It has set itself the task of initiating and supporting charitable projects, especially in the areas of family, education and health.
  • Andrea Reimann-Ciardelli founded the charitable Emily Landecker Foundation in 2004.

Web links

Individual evidence

  1. ↑ Always these Reimanns. In: faz.net . August 11, 2012, accessed October 22, 2019.
  2. ↑ Kurt Oberdorffer (Ed.): Ludwigshafener Chemiker. Düsseldorf 1958–1960.
  3. ↑ Billionaires Unmasked as Coty Persists in Pursuit of Avon. In: Bloomberg.com , April 9, 2012.
  4. ↑ The Reimanns from next door. In: Die Zeit , April 12, 2012.
  5. ↑ The love affair between a Jew's daughter and a Nazi businessman at JAB. June 14, 2019, accessed July 21, 2019 .
  6. ^ Family Reimann - The tax artists. In: Manager Magazin , July 9, 2012
  7. ↑ Christoph Kapalschinski: Reimann Holding Chairman Bart Becht: "Coffee offers a unique opportunity". In: handelsblatt.com. January 1, 2018, accessed on November 22, 2019 (registration required).
  8. ↑ German billionaire family wants to take over Avon. In: T-Online , April 3, 2012.
  9. ^ Holding (s) in Company. Retrieved March 13, 2018 .
  10. ^ Billionaire Reimann family - heirs of Mannheim. In: Spiegel Online , April 3, 2012.
  11. ↑ Emmanuel Vanbrussel: Rotjaar voor Duitslands rijkste family. In: tijd.be . March 25, 2019, accessed October 3, 2019 (Flemish)
  12. ↑ IPO in the USA: Billionaire clan Reimann cashes in with the perfume company Coty . In: Spiegel Online . June 13, 2013 ( spiegel.de [accessed February 12, 2018]).
  13. ↑ Lee Spears: Reimanns Coty will be offered in the IPO at a 25% discount . In: THE WORLD . June 12, 2013 ( welt.de [accessed February 12, 2018]).
  14. ^ Family holding JAB: The power of the Reimann manager . ( handelsblatt.com [accessed on March 13, 2018]).
  15. ↑ The Reimann family loses interest in taking over Avon - offer withdrawn. In: focus.de. May 15, 2012, accessed March 31, 2019 .
  16. ↑ Press release from DE Master Blenders 1753
  17. ↑ 14 billion dollar deal - Jacobs owners buy US coffee capsule company. In: Spiegel Online . December 7, 2015, accessed July 1, 2020.
  18. ^ JAB completes acquisition of Keurig Green Mountain. In: Vermont Business Magazine , March 3, 2016.
  19. ↑ German billionaire family buys Pret A Manger faz.net , May 29, 2018, accessed on October 20, 2018
  20. ↑ Luxury on your feet: a shoe brand for one billion euros . In: FAZ.NET . July 25, 2017, ISSN  0174-4909 ( faz.net [accessed March 13, 2018]).
  21. ↑ Jan Schroder: JAB sells Belstaff to British chemical company . ( fashionunited.de [accessed on March 13, 2018]).
  22. ↑ Traditional company: Chinese buy Swiss luxury company Bally . In: FAZ.NET . February 9, 2018, ISSN  0174-4909 ( faz.net [accessed March 13, 2018]).
  23. ↑ German billionaire family creates cola coffee empire welt.de , February 5, 2018, accessed on October 20, 2019
  24. ↑ Brands keurigdrpepper.com , accessed October 20, 2019
  25. ^ Billionaire Reimann family grabs the Pret A Manger sandwich chain handelsblatt.com , May 29, 2018, accessed on October 20, 2019
  26. ↑ Why the Reimann Clan is now investing in veterinary clinics manager-magazin.de , February 26, 2019, accessed on October 20, 2019
  27. ↑ Coty buys cosmetics company from Kylie Jenner boerse.ard.de , November 19, 2019, accessed on November 20, 2019
  28. ↑ The Nazi past of the Calgon clan: "We were speechless and white as a wall". Stern, March 27, 2019, accessed March 27, 2019 .
  29. ↑ Katrin Bennhold: Nazis Killed Her Father. Then She Fell in Love With One. In: The New York Times . June 14, 2019, ISSN  0362-4331 ( nytimes.com [accessed June 14, 2019]).
  30. ↑ Devra First Globe Staff: I found out Nazi money is behind my favorite coffee. Should I keep drinking it? - The Boston Globe. Retrieved June 14, 2019 (American English).
  31. ↑ About us: Deutsche Kontor. In: deutsche-kontor.com. Archived from the original on March 13, 2018 ; accessed on November 5, 2019 .
  32. ↑ Asset ranking: Aldi clan dominates Germany's billionaires. In: Spiegel Online , October 9, 2012
  33. ↑ See also Chronology of the Richest Germans
  34. ↑ mm study on wealth in Germany | The richest Germans. In: manager-magazin.de. October 5, 2018, accessed August 26, 2019 .
  35. ↑ Reimann-Imperium plans new investments: Germany's richest family collects money - for the next mega takeover. In: focus.de. January 3, 2018, accessed March 7, 2019 .
  36. ↑ The richest Germans 2019: The Reimann family ousted Stefan Quandt and Susanne Klatten. Retrieved October 1, 2019 .
  37. ^ Board of Trustees of the Benckiser Foundation Future
  38. ↑ Benckiser Foundation Future | Intro. Retrieved July 21, 2019 .
  39. ↑ VRD Foundation for Renewable Energies
  40. ↑ Projects. In: elke-und-guenter-reimann-dubbers-stiftung.de. Retrieved August 26, 2019 .
  41. ↑ Fortune From German Conglomerate Undergirds Family's Giving. In: vnews.com. July 15, 2018, accessed December 11, 2018 .